National Energy Services Reunited Corp (NESR) Stock Rises on Q1 2026 Earnings

National Energy Services Reunited Corp (NESR) reported first-quarter 2026 results with revenue of $404.6 million, up 33.48% year-over-year and above the consensus estimate of $368.4 million.

Gross profit improved to $51.8 million (+38.38% YoY).

Operating profit rose to $36.0 million (+72.08% YoY).

Net income attributable to common shareholders was $23.8 million, a gain of 129.3% year-over-year.

Diluted earnings per share came in at 0.23, up 109.09% and above the EPS estimate of 0.2169.

Operating cash flow strengthened, with cash from operating activities of $30.7 million, up 50.09% year-over-year. Capital expenditures (purchases of property, plant and equipment) totaled $36.0 million, an increase of 19.52% versus the prior year.

Cash and cash equivalents at quarter end were $93.0 million (+18.12% YoY).

Total liabilities stood at $928.7 million (+9.41% YoY).

Cost of sales totaled $352.8 million (+32.79% YoY).

Shares of NESR were trading higher since the market open, up 2.28% on the day.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

National Energy Services Reunited Corp Hedge Fund Activity

We have seen 95 institutional investors add shares of National Energy Services Reunited Corp stock to their portfolio, and 57 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

SCF PARTNERS, INC. removed 6,491,677 shares (-81.2%) from their portfolio in Q1 2026, for an estimated $139,376,305
ENCOMPASS CAPITAL ADVISORS LLC removed 2,102,603 shares (-22.8%) from their portfolio in Q4 2025, for an estimated $32,926,762
DRIEHAUS CAPITAL MANAGEMENT LLC added 1,492,513 shares (+inf%) to their portfolio in Q4 2025, for an estimated $23,372,753
BOSTON PARTNERS added 1,189,035 shares (+155.6%) to their portfolio in Q4 2025, for an estimated $18,620,288
MILLENNIUM MANAGEMENT LLC added 1,159,372 shares (+1482.3%) to their portfolio in Q4 2025, for an estimated $18,155,765
DIMENSIONAL FUND ADVISORS LP added 997,300 shares (+103.5%) to their portfolio in Q1 2026, for an estimated $21,412,031
MMCAP INTERNATIONAL INC. SPC removed 839,915 shares (-99.4%) from their portfolio in Q4 2025, for an estimated $13,153,068

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

National Energy Services Reunited Corp Analyst Ratings

Wall Street analysts have issued reports on $NESR in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

UBS issued a "Buy" rating on 01/21/2026
Piper Sandler issued a "Overweight" rating on 11/18/2025
Barclays issued a "Overweight" rating on 11/14/2025
BTIG issued a "Buy" rating on 11/13/2025

To track analyst ratings and price targets for National Energy Services Reunited Corp, check out Quiver Quantitative's $NESR forecast page.

National Energy Services Reunited Corp Price Targets

Multiple analysts have issued price targets for $NESR recently. We have seen 4 analysts offer price targets for $NESR in the last 6 months, with a median target of $29.5.

Here are some recent targets:

David Anderson from Barclays set a target price of $34.0 on 05/08/2026
Josh Silverstein from UBS set a target price of $31.0 on 02/19/2026
Gregory Lewis from BTIG set a target price of $28.0 on 02/17/2026
Derek Podhaizer from Piper Sandler set a target price of $19.0 on 11/18/2025